Is Marion L Hagar Memorial Scholarship Fund Legit?
Quick charity verification for Marion L Hagar Memorial Scholarship Fund (EIN: 222816135)
Verdict: Marion L Hagar Memorial Scholarship Fund has notable concerns
20/100Mission Score
$51Revenue
$3KAssets
4Red Flags
2Strengths
Red Flags
Total assets have significantly declined from $12,814 in 2011 to $3,350 in 2019.
Reported expenses are consistently very low (e.g., $1,277 in 2019), suggesting minimal operational activity.
No program service accomplishments or descriptions are provided in the available data.
The organization's purpose as a 'scholarship fund' is not clearly supported by reported activities or disbursements.
Strengths
The organization has maintained its tax-exempt status over the years.
Expenses are extremely low, indicating no significant overhead costs.
AI Transparency Report
Marion L Hagar Memorial Scholarship Fund is a unknown nonprofit based in Barton, Vermont, with reported revenue of $51 and assets of $3K. Our AI analysis assigns a Mission Score of 20/100 (Poor). Executive compensation cannot be assessed as no compensation is reported in available filings. Revenue has grown +6% across 6 filing periods.